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Does one unit mean 1 gm ? The cost of one unit Benchmark Gold ETF is much more than 1 gm of gold in the market and that is why the query. S.Lakshminarayanan

THANK YOU NIKROD !:). Clarity and Bravity is characteristic of your posts in general and your recommendations in particular. THANK YOU again:) S.Lakshminarayanan

I have 25 or so Funds in my portfolio and I am afraid that I may not even know all my funds. I therefore would like to sell all of them and put them in 5 or 6 good Mutual Funds. Can the seniors suggest Select Funds for the purpose. Also I would like to get them in Demat form to avoid loss in...

Can't agree more with you Mr nikrod. One generally is reluctant to sell a loss making fund and waits for it to recover because he selected the fund after due care at the time of investment. I fell now is the time to sell the poor performing funds and switch over to other good fund as the...

Friends, It is true that lumpsum investment involves risk but it may have exception in cases of switching investments from one fund to another. If one partly cashes the non performing fund and invest in good fund he is allowing the money to continue to non perform to the extent of money not...

Sri Gaiv, I had told that Artha money gives 0.01% and not HDFC Secutrities. Please read my post carefully. If you feel I had not said so I am sorry. Now I confirm that it is Arthamoney.com which gives 0.01% Lakshminarayanan

The minimum commitment is Rs. 10000/- brokerage charges for a year. The brokerage is 1 paisa or 0.01% each way for Cash if squared up on the same day. As already mentioned for future also it is same 1 paise. For options it is 0.5% of options premium or Rs. 50 which ever is higher. If you take...

I was using HDFC Securities till recently. They did offer me the Day trading platform but wanted to charge Rs.4500/- for the necessary software. I did not take it as it is not an attractive deal. I can say that they are very prompt in sending the contract notes and your balances are all...